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Life Insurance

Need advice? Call one of our experts on 1890 724 724

Peace of mind for you & your family.

Life Insurance (also known as Life Assurance) is a form of insurance that could pay a lump sum to your family if you die, provided of course that you have taken out a life policy. They can use this lump sum to pay off bills or the mortgage, and it could give them an income when they need it most.

Protect your Family

Protecting your family with life insurance is one of the most important financial decisions you can make. It means your family could get a lump sum or a regular income if you die, become seriously ill or are unable to work because of a certain illness or injury.

You can protect your family with:

One Plan Protection

OnePlan Protection is a new protection plan based on the cover people and families in Ireland need most – a replacement income for your family if you die before your cover ends, money to cover your bills if you cannot work due to illness or injury and a lump sum for recuperation if you were to suffer from one of the specified illnesses covered under the plan.

AIB Term Life Insurance

Term Life Insurance is life insurance that covers you for a specified and agreed length of time. In the event of death during this time, a cash lump sum will be paid out.

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AIB Term Life Insurance

Term Life Insurance cover is designed to pay your family a lump sum if you die or are diagnosed with a specified illness during the term of your plan. It is particularly important to have for the key years that you might have dependants who rely on your income.

provides a lump sum if you die (if you choose life cover), or

provides a lump sum if you are diagnosed with a specified illness during the term of your plan (if you choose specified illness cover)

the cost of your cover will stay the same throughout the term of your plan (unless you choose inflation protection for example).

Life cover available for a term of 2 - 40 years, up to age 80.

Specified illness cover available for a term of 5 - 40 years, up to age 75.

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AIB Life Long Insurance

Life Long Insurance provides the level of life insurance you choose for the duration of your whole life. You are covered as long as you are accepted and continue making your regular payments throughout this time.

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AIB Life Long Insurance

This type of cover provides you with life insurance for your whole life. As long as you make your regular payments, this type of cover will pay your family a lump sum when you die. It can also provide tax efficient inheritance planning cover for your family so as not to impact their inheritance.

protects your family’s standard of living if you die, or

provides tax-efficient inheritance planning cover for your family

is not a savings plan and will not provide a cash-in value at any stage.

the cost of your cover will stay the same throughout the term of your plan (unless you choose indexation)

This is a whole of life plan - you will be insured for your whole life until you die, as long as you continue to pay your regular payments

Life Long cover is available if you are aged between 18 & 74 and you are living in the Republic of Ireland

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AIB Income Insurance

Income Insurance provides you with a replacement income if you cannot work as a result of an illness or injury after a period of time.

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AIB Income Insurance

Income Insurance, also known as income protection provides you with a replacement income if you cannot work as a result of an illness or injury after a certain period of time.

Protect your Mortgage

Mortgage life insurance is designed to pay out a cash sum to help pay off your mortgage if you die during the length of the policy.

You can protect your Mortgage with:

AIB Mortgage Life Insurance

Mortgage Life Insurance ensures that your mortgage will be paid off if you die during the term of your plan. Meaning your loved ones could continue to live in the family home without worrying about the mortgage.

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AIB Mortgage Life Insurance

Mortgage Life Insurance, also known as mortgage protection, pays out a cash lump sum if you die during the term of your plan. You may add on a Specified Illness cover which will provide a cash lump sum to help you continue to pay off your mortgage and other bills should you be diagnosed with one of the specified illnesses covered by the plan.

helps repay your mortgage if you die or are diagnosed with one of the specified illnesses we cover during the term of your plan (if you choose specified illness cover)

the cost of your cover will stay the same throughout the term of your plan.

Life Cover: you must be aged 18 to 74 to start this cover. The maximum term for life cover is 40 years or up to age 80.

Specified illness cover available for a term of 5 - 40 years, up to age 75.

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Talk to us

To find out more about Life Insurance cover, request a call from one of our Financial Advisors who would be happy to discuss your options, or drop into any AIB branch and arrange your free consultation.

Other Information

You must keep up payments to stay on cover.

Allied Irish Banks, p.l.c. is a tied agent of Irish Life Assurance plc for life and pensions business.

Allied Irish Banks, p.l.c. is regulated by the Central Bank of Ireland. Irish Life Assurance plc is regulated by the Central Bank of Ireland.

Before proceeding please read our Site Use Terms and Conditions, Privacy & Cookie statements which apply to your use of this website. AIB and AIB Group are registered business names of Allied Irish Banks, p.l.c. Registered Office: Bankcentre, Ballsbridge, Dublin 4